New York state senator likely facing tax evasion charges
Pedro Espada, a former state senator from New York, may soon be hit with an indictment that includes charges of tax evasion.
Pedro Espada, a former state senator from New York, may soon be hit with an indictment that includes charges of tax evasion.
Espada was charged last month with taking more than $500,000 from non-profit healthcare clinics, which he then used to pay for tickets to sporting events and a luxury car.
Assistant Brooklyn U.S. Attorney Colleen Kavanagh says the indictment could come within the next month and would likely also include charges against Espada's son, Pedro G. Espada, The New York Daily News reports. As of yet, no plea deals have been extended to the two suspected tax evaders.
"I don't anticipate the case will be resolved short of trial," Kavanagh told the news source.
According to a federal judge from the state, the trial could begin as early as this fall, the Daily News says. If convicted of tax evasion charges, the Espadas could each receive up to five years in prison, a period of supervised release and would likely have to pay restitution fines comparable to the amounts that were withheld from their income tax returns.
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